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Mara
Mara is the mother of three children. She works in agriculture and at other jobs. Through her own effort she has been able to start building a security wall around her house, however she needs to purchase more materials, such as cement, blocks, sand, rocks, steel mesh and other items, so that she can finish the construction. She needs a loan for one million, thirty five thousand colones ((¢1.035.000). She states that it is very important for her to complete this work in order to protect her dwelling and provide security for her children.
View original language description ↓
Mara es madre de tres hijos, trabaja en agricultura y otros oficios, con esfuerzo propio ha logrado comenzar la construcción de una tapia de seguridad para su casa, pero necesita comprar más material como cemento, block, arena, piedra, malla de acero y otros materiales para poder concluirla, ella necesita un crédito de un millón treinta y cinco mil colones (¢1.035.000), manifiesta que para ella es muy importante realizar este trabajo para proteger tanto su vivienda como para brindarle seguridad a sus niños.

Additional Information

More information about this loan

As a small and relatively young MFI located in Costa Rica, EDESA has difficulty attracting other sources of capital. Many other microfinance funders do not work in Costa Rica, because overall the country is too rich. However, organizations such as EDESA work with extremely marginalized populations in Costa Rica that really need the access to capital that EDESA provides. By funding EDESA, Kiva lenders are allowing the organization to grow and reach more people than they otherwise would be able to reach.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Costa Rica

  • $11,100
    Average annual income
  • 25
    View loans »
    Costa Rica Loans Fundraising
  • $4,165,075
    Funds lent in using Kiva
  • 497.9
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,100 helped Mara to purchase materials to finish building a security wall around her house.
67% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible